PETROLEOS MEXICANOS (PEMEX), a state owned oil company, issued a convertible bond with a seven-year maturity that can be exchanged for a stake in Pemex's 4.81% share in Spanish oil company Repsol YPF, or the cash equivalent. The bond has been valued at approximately US$1.4 billion.
Petroleos Mexicanos (Pemex).(Mexico)(issued convertible bonds)(Brief Article)
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